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From 1994 to 1996, Kenya's real GDP growth rate averaged just over 4% a year. [46] Kenya's economic performance since independence. In 1997, however, the economy entered a period of slow growth, due in part to adverse weather conditions and reduced economic activity before the general elections in December 1997.
Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. ... Kenya: 116.321 2,218.025 8 ...
This is a list of countries by real GDP per capita growth rate. ... growth in % according to the World Bank is shown for last available year: [1 ... Kenya: 3.4: 2023 ...
Economic growth in the early 2020s According to 2024 estimates by the African Development Bank Group, African countries are projected to account for more than half of the world fastest growing economies; in particular, Niger, Senegal, Libya and Rwanda are expected to grow at the fastest rate of over 7% per year. Estimates of Real Gross Domestic Product (GDP) growth rate in 2023 show that most ...
This list is not to be confused with the list of countries by real GDP per capita growth, which is the percentage change of GDP per person taking into account the changing population of the country. List of countries by GNI per capita growth measures changes in gross national income per capita.
The two maps and the table below them are for the years 1990–2007, and are based on the data obtained from the United Nations. Statistics Division. 1990 was chosen as a starting year as several new states appeared at that time. GDP growth (annualized) GDP per capita growth (annualized)
The region has also seen rapid growth in tourism with Tanzania and Kenya pioneering tourism due to safari parks. Nairobi and Addis Ababa are the main financial hubs in East Africa. [5] Ethiopia and Kenya account for 55% of East Africa's GDP. East Africa accounts for 18% of Africa's GDP.
This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology.